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The future is digital

  • Published at 12:05 am October 21st, 2016
The future is digital

Better internet connections, better cyber security, better digital education -- that is what Bangladesh needs to move forward into the 21st century.

And Prime Minister Sheikh Hasina understands the importance of digital.

To that end, the government’s initiative to set up a world standard forensics lab, a cyber security agency, and a digital security council deserves praise.

One of the most basic outcomes of improved internet infrastructure will be accelerated economic growth. With the widening spread of the internet across the country, we have witnessed the rise of mobile banking improve financial inclusion by providing mobile banking services to even the remotest areas of Bangladesh.

By building on this infrastructure, and opening up our digital borders, the nation stands to reap the benefits of online payment systems such as PayPal, which has already expressed interest in Bangladesh as a potential market, and will allow citizens to earn money from overseas companies from their own homes, not to mention easing the process of remittance flowing into the country.

But better cyber-security is imperative. As made evident by the Bangladesh Bank heist earlier this year, lax cyber security can cost the nation dearly. The PM deserves kudos for taking serious steps to bring digital security up to world standard.

It is projected that by 2025, 60% of Bangladesh’s population will have access to broadband connectivity, and with better government policies on the internet, better digital education across schools, and the setting up of high-tech parks, the vision of a truly digital Bangladesh is appearing realistic.

We live in an age where it takes milliseconds for information to travel from one corner of the world to another, thanks to the internet. For Bangladesh to truly integrate with the developed world and become a player in the global economy, digital is the only way.